Denver, CO (April 2, 2019) – Unique Properties is proud to announce the sale of a 16,262 SF office building at 11049 W 44th Avenue in Wheat Ridge, Colorado. This single tenant office investment sale closed at an 8.55% cap rate and provided the buyer a financially strong, stable 38 year old engineering firm tenant. The tenant had occupied the building since 2012 and signed a 5 year lease prior to close. The building was updated and well maintained by the Seller and is well located just off of I-70 & Kipling. Brian McKernan of Unique Properties represented the seller in the transaction.
- Closed: 4.2.2019
- $1,700,000
- 16,256 SF | $104.58 / SF
- 1031 Exchange
- Quick-Contract
For more information, please contact:
Brian McKernan (720) 881.6337 | bmckernan@uniqueprop.com
